The document discusses what LinkedIn should be, including being the go-to place for career and professional activities, catering to small business professionals by allowing them to market services, and helping users develop professionally. It also outlines target markets for LinkedIn including students, active professionals in organized and unorganized sectors, and retirees or part-time professionals. New features are proposed like creating and managing profiles, viewing companies, applying for jobs, asking career advice, expressing interest in companies, and allowing professionals to offer services in a marketplace.